PayPal (PYPL) accounting chief sells 1,213 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PayPal Holdings, Inc. senior vice president and chief accounting officer Chris Natali reported an open-market sale of 1,213 shares of PayPal common stock. The shares were sold at a price of $40.49 per share. After this transaction, Natali directly holds 404 PayPal common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,213 shares ($49,114)
Net Sell
1 txn
Insider
Natali Chris
Role
SVP, Chief Accounting Officer
Sold
1,213 shs ($49K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,213 | $40.49 | $49K |
Holdings After Transaction:
Common Stock — 404 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did PayPal (PYPL) report for Chris Natali?
PayPal reported that Chris Natali, its SVP and Chief Accounting Officer, sold 1,213 shares of common stock. The transaction was an open-market sale, reflecting routine insider activity rather than a corporate action by PayPal itself.
What role does Chris Natali hold at PayPal (PYPL) in this Form 4 filing?
In the Form 4 filing, Chris Natali is identified as PayPal’s senior vice president and chief accounting officer. His status as an officer makes his trades subject to insider reporting rules and public disclosure requirements.
Was the PayPal (PYPL) insider sale by Chris Natali a direct transaction?
Yes, the filing classifies Chris Natali’s 1,213-share sale as a direct transaction. The ownership code is listed as direct, indicating the shares were held and sold directly rather than through an intermediary entity or trust.